Friday, January 9, 2015
Lifeway Foods: Manufacturer of Kefir
Kefir is a fermented milk that is made from the kefir grains that originated in the Caucasus Mountains. Although not the originator of the product, Michael Smolyansky was able to make a fortune out of this item.
Smolyansky first stumbled on this product at a food show. Falling in love with this milk product, he started his company that would market this item. He named his business Lifeway Foods. What started out as a small venture from his basement has turned into a multi-million venture that generates more than $58 million annually. To further diversify his product, he created a variety of kefir. Today, his offerings include low-fat, Greek, organic, non-fat and low-carb. These varieties are also offered in different flavors.
When Smolyansky passed away, his daughter Julie took over the business and continued to grow his legacy. Today, Lifeway Foods is a publicly traded business on the NASDAQ. It continues to provide the world a healthier and tastier alternative to yoghurt and milk.
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Lifeway Foods
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